Execution of Stipulation Sample Clauses
The "Execution of Stipulation" clause defines the formal process by which parties agree to and sign a stipulated agreement, making it legally binding. Typically, this clause outlines the required signatures, the manner in which the stipulation must be executed (such as in writing or electronically), and may specify that counterparts or facsimile signatures are acceptable. Its core practical function is to ensure that all parties clearly understand when and how their agreement becomes effective, thereby preventing disputes over the validity or enforceability of the stipulation.
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Execution of Stipulation. This Stipulation may be executed and delivered in any number of counterparts and by way of electronic signature and delivery, each such counterpart, when executed and delivered, shall be deemed an original, and all of which together shall constitute the same agreement. Each individual executing this Stipulation on behalf of a Party has been duly authorized and empowered to execute and deliver this Stipulation on behalf of such Party.